Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the US Securities and Exchange Commission (SEC) allegation of paying $265 million (₹2,200 crore) in bribes to secure lucrative solar power contracts.
Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days. "Within 21 days after service of this summons on you (not counting the day you received it)...you must serve on the plaintiff (SEC) an answer to the attached complaint or a motion under Rule 12 of the Federal Rules of Civil Procedure," said a November 21 notice sent through the New York Eastern District Court.
"If you fail to respond, judgment by default will be entered against you for the relief demanded in the complaint. You also must file your answer or motion with the court," it added.
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Diese Geschichte stammt aus der November 24, 2024-Ausgabe von Hindustan Times.
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2 labourers die of toxic smoke from traditional wood heater
Two men died of asphyxiation from smoke from a coal stove they had lit to keep warm at night in Mundka, west Delhi early Saturday morning, police said on Sunday.
Despite sharp air quality dip, Grap-3 not invoked
Delhi's air quality deteriorated to the higher end of the \"very poor\" category on Sunday, but the Commission for Air Quality Management (CAQM) in NCR decided not to invoke curbs under Section 3 of the Graded Response Action Plan (Grap) due to a declining trend towards the evening.
Bhel may go off government's divestment target
State-run Bharat Heavy Electricals Ltd (Bhel) may no longer be a potential divestment target as the government considers categorising the maker of rail coaches to power generation equipment as a \"strategic\" public sector unit, according to two people close to the development.
Axelsen, Young reign supreme
It was the Dane's 3rd title while it was a 2nd win for Korea's An at India's premier badminton event
India clinch Kho Kho WC titles with facile victories
India made a splash by claiming both the men's and women's titles in the inaugural Kho Kho World Cup 2025 at the Indira Gandhi Indoor Stadium here, defeating Nepal 54-36 and 78-40 respectively on Sunday.
Stage set for 16th India Art Fair in Feb
At least forty-one artists and artist collectives, twelve institutions and seven galleries will make their debut at the India Art Fair, one of the country's most anticipated commercial art events slated to be held between February 6 and 9 at NSIC Exhibition Grounds in Okhla in south Delhi.
AAP vows homes for govt staff in tranches
Aam Aadmi Party (AAP) national convener Arvind Kejriwal on Sunday promised to formulate a scheme to provide government employees, starting with sanitation workers, permanent houses on instalments \"where they can stay after they retire\", in a poll promise aimed at canvassing government workers to vote for the party in the Delhi Assembly elections on February 5.
Policing personal freedoms, courtesy social sensibilities
What does it mean to live in the world's largest democracy if consenting adults must still justify their private choices?
Minor nabbed for gunpoint robbery
Three persons, including a minor, allegedly robbed an e-commerce delivery agent on gunpoint on the Ring Road near Hyatt Regency last week, police said.
CENTRE APPOINTS ASSAM DGP AS NEW CRPF CHIEF
Assam director general of police (DGP) Gyanendra Pratap Singh has been appointed as the new chief of Central Reserve Police Force (CRPF), an order issued by Department of Personnel and Training (DOPT) said.